» Philip Metham

Austin, TX (Law Firm Newswire) December 12, 2013 – A lawsuit accuses J.P. Morgan Chase of double-leasing oil land. Orca Assets G.P. LLC, a small energy-investment company based in Houston, has filed suit in U.S. District Court in Dallas against J.P. Morgan, alleging fraud and negligent misrepresentation. According to the lawsuit, Orca agreed to lease over 900 acres in south Texas for $3.2 million three years ago. However, before Orca was able to drill for oil on the property, the company learned that the land had already been leased to another company. J.P. Morgan represented the seller, the Red Crest […]

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